Purchasing energy is a complex process that requires vast expertise as well as a thorough market monitoring. Here are some of the most common mistakes we see.

Common mistakes when purchasing energy

Purchasing energy is a complex process that requires vast expertise as well as a thorough market monitoring. Here are some of the common mistakes that we come across in everyday conversations with some of our clients.

1. Automatic renewal/roll-over of contract with current energy supplier.

2. Entering the market and securing a contract at the wrong time.

3. Not understanding your energy consumption or load profile.

4. Making incorrect energy price comparisons – your energy contract is made up of several components that impact on your overall bill.

5. Not having an energy strategy in place.

6. Having a one-size fits all approach to your entire portfolio.